Vestas Wind Systems A/S Working Capital to Net Assets Ratio
Vestas Wind Systems A/S working capital to net assets ratio. Vestas Wind Systems A/S (VWSA) has a Working Capital to Net Assets ratio of 12.2% as of March 2026. Working capital of €479.00 Million (current assets of €17.63 Billion minus current liabilities of €17.16 Billion) is measured against net assets of €3.92 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check VWSA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Vestas Wind Systems A/S (2016–2025)
Working capital to net assets ratio of Vestas Wind Systems A/S from 2016 to 2025. This chart shows how Vestas Wind Systems A/S's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 12.2%, reflecting working capital of €479.00 Million against net assets of €3.92 Billion EUR. See Vestas Wind Systems A/S (VWSA) liquidity interval to measure how many days the company can operate on defensive assets alone.
Vestas Wind Systems A/S Working Capital to Net Assets Ratio by Year (2016–2025)
Vestas Wind Systems A/S working capital to net assets ratio by year from 2016 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Vestas Wind Systems A/S from 2016 to 2025, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see how large is Vestas Wind Systems A/S's balance sheet.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -0.3% | €-11.00 Million | €3.88 Billion | €16.84 Billion | €16.85 Billion | ▼ -17.5 pp |
| 2024 | 17.2% | €609.00 Million | €3.54 Billion | €16.09 Billion | €15.48 Billion | ▼ -12.4 pp |
| 2023 | 29.6% | €901.00 Million | €3.04 Billion | €14.92 Billion | €14.02 Billion | ▲ +25.9 pp |
| 2022 | 3.8% | €115.00 Million | €3.06 Billion | €13.63 Billion | €13.51 Billion | ▲ +0.3 pp |
| 2021 | 3.4% | €164.00 Million | €4.76 Billion | €12.86 Billion | €12.70 Billion | ▼ -18.1 pp |
| 2020 | 21.6% | €1.01 Billion | €4.70 Billion | €12.25 Billion | €11.23 Billion | ▼ -11.2 pp |
| 2019 | 32.7% | €1.09 Billion | €3.35 Billion | €10.44 Billion | €9.35 Billion | ▼ -4.3 pp |
| 2018 | 37.0% | €1.15 Billion | €3.10 Billion | €8.55 Billion | €7.41 Billion | ▼ -10.3 pp |
| 2017 | 47.3% | €1.47 Billion | €3.11 Billion | €8.01 Billion | €6.53 Billion | ▲ +2.9 pp |
| 2016 | 44.5% | €1.42 Billion | €3.19 Billion | €7.04 Billion | €5.63 Billion | — |